Tagetik to Conquer the Adriatic Region

LUCCA, Italy, March 29, 2010 /PRNewswire/ --

- CRMT d.o.o. is the New Distributor for Tagetik in South-Eastern Europe

Tagetik, a global provider of Performance Management, Financial Governance and Business Intelligence software solutions, today announced its partnership with CRMT d.o.o, confirming the company's commitment to international expansion strategy.

Heading the new partner based in Ljubljana (Slovenia) is Slavko Despotovic, who has over twenty-five years experience of managing leading software and IT companies like Hermes Plus (now part of S&T) and Actual I.T. . The industry veteran will report directly to Tagetik's Chief Operating Officer, Manuel Vellutini, and will be responsible for the markets in Slovenia, Croatia, Serbia, Bosnia and Herzegovina, Macedonia, and Montenegro. The Adriatic Region covers more than 20 million inhabitants and is a faster than average growing market with strong demands for business performance management solutions that can bring companies necessary means to manage business performance effectively and efficiently and therefore be more competitive on the wider European and global market.

"CRMT is a leading consulting company specializing in corporate performance management, business intelligence, data warehousing, data integration and master data management," explains Slavko Despotovic, Managing Director at CRMT. "The company provides end-to-end services from data architecture, implementation, project management, long term support, and training. CRMT's competitive advantage is derived from our extensive team of experts with the highest level of knowledge and competence who provide our customers the most innovative, reliable, and consistent results on every project," he continues. "We strongly share Tagetik's vision to simplify complex business processes and its unyielding commitment to customer success, leveraging Tagetik 3.0, a powerful software solution to deliver full scalability and extensive functionalities in all Performance Management and Financial Governance areas."

"Three years after our international debut, Tagetik now has business operations in 13 countries (including US market) and major analyst validation, consolidating as a global independent, and specialist software vendor," states Manuel Vellutini, Chief Operating Officer at Tagetik. "As we are continuing to build up our presence throughout Europe, we decided to partner with CRMT who has an enviable track record of customer success due to its unique ability to deliver solutions on time and within budget. Tagetik 3.0's 'embedded experience software' aims to conquer market attention as it can easily adapt to country specific requirements as well as different industry needs."

About Tagetik

Tagetik delivers a unified software solution to support Performance Management and Financial Governance plus extended Business Intelligence, Collaboration and Communication. Tagetik 3.0 creates value by simplifying complex business processes for CFOs and CIOs: budgeting, planning and forecasting, consolidation and reporting, financial governance, strategy management, profitability modeling, working capital analysis and compliance/industry requirements. Tagetik 3.0 is the solution to translate strategy into operations, manage and control overall performance down to business transactions, and improve decision-making across the whole organization while achieving faster ROI and lower total cost of ownership (TCO).

Tagetik operates in 13 countries leveraging a close partnership with Microsoft. Its market experts are totally committed to the success of 400 worldwide customers, including some of the largest Fortune 1000 companies and representing all industries, as well as to foster synergies with system integrators, technology leaders and local consulting specialists. To learn more: http://www.tagetik.com

    Corporate Press Contact:
    Elisabetta Pierallini
    +39-0583-96811
    [email protected]

    US Press Contact:
    Patricia Cuomo
    +1-203-391-7520
    [email protected]

    UK Press Contact:
    Caroline Powell
    +44-(0)20-8297-5388
    [email protected]

SOURCE Tagetik